Day 15 (20 day story) year 2012 Part 3.
2012 DIVIDED
Mainstream news media constantly reminds us that we are divided. This keeps us confused, debating or just ignoring the issues because we are numbed down.
Our president tells us that the government can’t balance the budget and we’re left hanging on a fiscal cliff. News media is telling us that unless congress passes bills quickly the government will shut down.
06/11/2012 – Federal Reserve releases a triennial study that said, “The average American family’s net worth dropped almost 40% between 2007 and 2010”.
The stunning average drop indicates that the recession wiped away 18 years of savings and investment by families.
2012 NATIONAL DEBT
U.S. National Debt Clock – http://www.usdebtclock.org/
Outstanding National Debt as of June 18, 2016 at 2:05 P.M. PST is: $19,281,376,278,669.
The estimated population of the United States is 322,890,591. Each U.S. citizen’s share of this debt is $59,551.
The National Debt has continued to increase an average of $2.37 billion per day since September 30, 2012.
2012 NATIONAL DEBT
It’s true! The public national debt is growing.
What is our country spending so much money on!
2012 CREDIT CARD WARS
Oct 12, 2012 – Vice Presidential Debate
Vice President Joe Biden acknowledges two Credit Card Wars!
Which two? War on Terror, War on Afghanistan or War on Iraq?
The U.S. Military is deployed in more than 150 countries around the world.
2000 – 2012 NATIONAL DEBT
During the first 13 years of our new millennium our Public National Debt has tripled.
2012 MILITARY BUDGET 59%
2012 – 59% of the Governments Budget is spent on the Military.
Who’s getting these Government Military Contracts and what are they buying?
2012 – 2016 INTEREST ON PUBLIC DEBT
The Interest DEBT our government pays includes seven (7) categories.
- Interest on Treasury Debt Securities (gross)
- Interest Paid to Trust Fund Receipt Accounts – Shadow Account
- Interest Paid to Expenditure Accounts – Shadow Account
- Interest Paid to Federal Fund Receipt Accounts – Shadow Account
- Payment to the Resolution Funding Corporation
- Interest Paid to Credit Financing Accounts
- Refunding Internal Revenue Collections – Interest
Source: usfederalbudget.us/
DEBT PROJECTIONS
What do we have in common?
Our present system is not sustainable.
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“Taking it to the streets” VIDEO 1 minute 50 seconds: Youtube / Primitive but real: https://www.youtube.com/watch?v=jAn-jx2WJ4w
“American History 2000 – 2012” VIDEO 7 minutes: http://vimeo.com/50031301
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Website: AmericanHistory2000-2012.com
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